WCL is one of the largest manufacturers of large diameter pipes globally. The company also manufactures BIS-certified Steel Billets, TMT (Thermo-Mechanically Treated) Rebars, Ductile Iron (DI) Pipes, Stainless Steel Pipes, and Tubes & Bars. The company acquired Sintex-BAPL, a market leader in water tanks and other plastic products, to expand its building materials portfolio. It has also made strategic acquisition of specified assets of ABG Shipyard.
Financial Results:
Welspun Corp Ltd reported Revenues for Q2FY25 of ₹3,302.00 Crores down from ₹4,059.00 Crore year on year, a fall of 18.65%.
Total Expenses for Q2FY25 of ₹3,074.00 Crores down from ₹3,821.00 Crores year on year, a fall of 19.55%.
Consolidated Net Profit of ₹283.00 Crores down 26.87% from ₹387.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹10.94, down 25.58% from ₹14.70 in the same quarter of the previous year.
*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.